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Ontario Hydro break-up proposed

The Ontario government is proposing legislation to open the provincial electricity market to retail competition. If passed, the law will break up utility Ontario Hydro into two publicly owned commercial corporations in year 2000: an electricity generator and a transmission, distribution and retail services company. An independent electricity market operator, a non-profit public corporation, will act as impartial manager of the market system. The transmission grid and wires of local distribution systems will become common carriers, allowing power companies to market and sell electricity to customers.

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